Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

v3.8.0.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2017
Dec. 31, 2016
Current assets    
Cash $ 3,111,456 $ 585,680
Prepaid expenses and other current assets 103,272 155,490
Total current assets 3,214,728 741,170
Equipment, net 17,994 18,000
Deferred offering costs 111,249
Total assets 3,232,722 870,419
Current liabilities    
Accounts payable 991,693 949,413
Accrued expenses and other current liabilities 354,289 240,073
Accrued interest expense 187,500
Series A Warrants 4,731,557
Derivative liability 1,298,113
Total current liabilities 7,563,152 1,189,486
Senior Secured Note, net of $3,417,233 unamortized debt discount 1,582,767
Total liabilities 9,145,919 1,189,486
COMMITMENTS AND CONTINGENCIES (NOTE 10)
Stockholders' Deficit    
Common stock, par value $0.001; 50,000,000 shares authorized, 13,343,061 and 13,330,811 shares issued and outstanding at September 30, 2017 and December 31, 2016, respectively 13,343 13,331
Additional paid-in capital 12,157,358 7,369,437
Accumulated deficit (18,273,448) (7,701,835)
Total Stockholders' Deficit (5,913,197) (319,067)
Total Liabilities, Series A Convertible Preferred Stock, and Stockholders' Deficit 3,232,722 870,419
Series A-1 Convertible Preferred Stock [Member]    
Stockholders' Deficit    
Convertible Preferred Stock, value 189,550
Series A Convertible Preferred Stock [Member]    
Stockholders' Deficit    
Convertible Preferred Stock, value